Lack of timely government policy support and funding crisis has been hampering the development of the housing sector and delaying its contribution to the country's GDP, experts said at a virtual discussion organized by the Policy Research Institute of Bangladesh (PRI) on Monday.
PRI, a non-governmental development organization, held the meeting as part of International Finance Corporation’s (IFC) series meetings on Affordable housing finance- phase 1, to revive the economy and boost higher GDP through the housing sector in the post-covid situation.
Speakers at the meeting urged the government to give priority and policy support to the housing sector. They expressed optimism to bring middle and low-income people under affordable housing by providing adequate funding.
Asia Pacific Head of Global Housing Finance and Capital Markets-International Finance Corporation Thierno Habib Han was the keynote speaker. Bangladesh Bank Deputy Governor Ahmed Jamal was the chief guest on the occasion. The program was conducted by PRI Executive Director Ahsan H Mansoor.
Delta BRAC Housing Finance Corporation Limited CEO Nasimul Baten, IDLC Finance Limited Deputy Managing Director Syed Javed Noor, and Building Technology & Ideas Limited Chief Executive Officer Asif Iqbal among others were part of the virtual discussion.
